HP Inc tops revenue estimates on growth in personal systems business - Dealers Care

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Friday, 30 November 2018

HP Inc tops revenue estimates on growth in personal systems business

By Akanksha Rana (Reuters) - HP Inc's quarterly revenue beat analysts' estimates on Thursday, driven by growth in its personal systems that sells notebooks and desktops and the acquisition of Samsung's printer business. Shares of HP Inc, which houses the hardware business of former Hewlett-Packard Co, were marginally up in extended trading. The personal systems business, which accounts for more than 60 percent of HP Inc's total revenue, rose 11 percent to $10.06 billion, beating analysts' average estimate of $9.78 billion, according to IBES data from Refinitiv

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